DOJ orders Waste Management to divest assets to proceed with Advanced Disposal Services acquisition
Business Tools, Environment
On: October 28, 2020 | By:
The U.S. Department of Justice (DOJ) announced Oct. 23 that Waste Management Inc., Houston, will be required to divest 15 landfills, 37 transfer stations, 29 hauling locations, more than 200 waste collection routes and other assets to proceed with its $4.6 billion acquisition of Ponte Vedra, Florida-based Advanced Disposal Services Inc. (ADS). The DOJ says that without the divestiture, the proposed acquisition would substantially lessen competition for small container commercial waste collection or municipal solid waste disposal services in over 50 local markets.
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